Business Context and Reporting Period
This Form 8-K is filed by Synthetic Fixed-Income Securities, Inc. on behalf of the STRATS(SM) Trust for Wal-Mart Stores, Inc. Securities, Series 2005-4. The report covers the event date of February 15, 2006. The Trust was formed under a Base Trust Agreement dated September 26, 2003, and a Series Supplement dated October 17, 2005.
Key Financial Metrics
The filing reports a distribution made to certificate holders on February 15, 2006. Specific dollar amounts regarding revenue, profit, cash flow, margins, debt, or liquidity are not provided in the text of this report; such details are contained in the attached Exhibit 99.1 (Trustee's Distribution Statement).
Material Changes
No other reportable transactions or material changes occurred during the current reporting period aside from the scheduled distribution.
Guidance, Outlook, and Risks
- Underlying Issuer: Wal-Mart Stores, Inc. is the issuer of the underlying securities and is subject to Exchange Act reporting requirements (File No. 001-06991).
- Disclaimer: Neither Synthetic Fixed-Income Securities, Inc. nor the Trustee participated in the preparation of Wal-Mart's reports, conducted due diligence, or verified the accuracy of Wal-Mart's public documents.
- Risk: There is no assurance that undisclosed events affecting Wal-Mart or the underlying securities have not occurred, which could impact the accuracy of publicly available information.
Investor Verification Checklist
- Review Exhibit 99.1 for specific distribution amounts and calculation details.
- Verify the current financial status of Wal-Mart Stores, Inc. via its SEC filings (File No. 001-06991).
- Confirm that no undisclosed events have occurred affecting the underlying securities since the last public disclosure.